Missing P500m could be 'safe,' CMB claims

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The hunt for the alleged missing P500 million of Botswana Public Officers Pension Fund (BPOPF) entrusted in the hands of Capital Management Botswana (CMB) and later reportedly fraudulently siphoned into foreign bank accounts could be a closed chapter.

That is, if documentations presented before the Directorate on Corruption and Economic Crime (DCEC) and the Directorate on Public Prosecutions (DPP) early this week, by embattled CMB managing director, Rapula Okaile, hold water.

Okaile and his lawyer, Gabriel Kanjabanga on Tuesday this week asubmitted to the DCEC and DPP all information regarding the “missing” funds.

Editor's Comment
Shame on the Police!

According to a press statement from the police, unidentified armed men attacked on duty police officers at the station in the early hours of Tuesday.During the attack, the suspects stole 14 riffles, five pistols and an undisclosed number of ammunition.Although unconfirmed, it is alleged that the suspects were just carrying knives and axes, which they used to scare the men and women in uniform before they took them hostage to help themselves to...

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